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Changes at the Margin – How to Prepare for a Disorderly Move

In a past life, while still in the clutches of the investment banking world, I’d made a few friends in the “trading fraternity” and visited them on a regular basis for work and social reasons. When it came to markets, opinions varied little within the group. Traders were unanimously bullish or bearish on any given [...]

Congolia

In 1997 the Congo, known formerly as Zaire, was in the midst of an all-out blood spilling, slaughtering, raping, no-holds-barred war. Few investors were brave enough to put not only their capital on the line but certainly their own precious selves too. In May of that same year Laurent Kabila rolled into Kinshasa and declared [...]

Pray Tell What Happens When…

Friedrich Von Hayek’s Road to Serfdom was first published a full 68 years ago. Hayek argues convincingly that all forms of socialism and central economic planning ultimately lead to tyranny. Interestingly, he argues also that this tyranny will come to us from people of good intentions and not from the likes of Stalin or Hitler. [...]

Black Friday – And Why Capitalism Doesn’t Exist

As a follow-up to the post Finding Your Sneetch I thought it appropriate on this, a day that retailer’s refer to as “Black Friday”, to chime in a bit. (Note: I purposefully delayed my post by a day just to write on this subject, and also to give all our US readers a break on [...]

Finding Your Sneetch

Mark and I recently finished our Fiji Meet Up with a small group of totally awesome people. With the laughable US presidential election process taking place at exactly the same time, I have to say that our attendees spent their time far more productively than standing in a voting queue or sitting glued to the [...]

Libya – The Real Story

By now I’m sure you’ve all heard of the events that transpired last week in Libya and throughout the Muslim world. The mainstream media (MSM) would have you believe that it’s all a result of a stupid and thoughtless movie, created by some hack California producer. We’re not that dumb, and neither are our readers. [...]